Tuesday, June 11, 2013

CTSH swing

I like CTSH above 67, Right now it is on the range on daily. It has good support at 63, one can buy small size at this level and play the bottom of the support bar. It is still below the 200 day ma and the 20/40 moving avg is not good.
This is not an ideal play but is playable purely based on support at 63, expecting some bounce there.